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Santander Adds Three Lending Executives

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Santander Bank has announced three high-level appointments, two overseeing lending operations and another overseeing marketing, according to a press release. from Tuskegee University, an MBA from the University of Chicago and an M.S. Also, Jennifer Mathissen was named chief marketing officer. Smith holds a B.S.

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Bitcoin Trading Losing Its Luster Among Wall Street Heavy Hitters

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In the wake of the crash in bitcoin last year, institutional players that had big plans for the cryptocurrency market are reigning in those efforts. A person familiar with its bitcoin trading operations told The New York Times that a year after launching the business, interest on the part of customers is weak.

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Alt-Lending Regulation Fears Won’t Stop Investors

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It’s even more surprising given that 2016 could be the year that regulation begins to really kick in for these lenders — in the U.S., based ZipBooks will help the small business accounting startup strengthen the underwriting process for its SME finance operations, reports announced on Wednesday (July 20). Seed funding for U.S.-based

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Deep Dive: An Automated Approach To The $2T Global Money Laundering Problem

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The term “money laundering” is believed to have originated as a result of infamous Chicago gangster Al Capone’s habit of channeling criminally obtained funds through laundromats, as their cash-heavy nature made it more difficult for the right side of the law to detect such money mixed in among legitimate payments.

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With Capped Fees, Dining Aggregators May Face Tough Post-Covid Future 

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Last month, Chicago announced a 15 percent delivery cap on what third-party aggregators can charge restaurants. We remain concerned that pricing regulations like this one could result in higher costs for customers, which could lead to fewer orders for local restaurants and fewer earning opportunities for Dashers.”.

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Researchers Aim To Answer Big Questions In AltFin

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The University of Chicago and the University of Cambridge are once again partnering to explore the alternative finance industry and offer guidance on its trajectory for the coming year. But it may be difficult, if not impossible, to accurately predict an industry that is shaped by the varying regulations and market conditions across borders.

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PayPal On Bringing Data Firepower To Bust Illegal Gun Trafficking

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And in in an interview with Karen Webster, Dave Szuchman, PayPal’s head of Global Financial Crime and Customer Protection, said that understanding how guns are bought and sold on the black market can help reduce, and block, illegal access to firearms. People are looking to make money. So, it’s almost like what is old is new again.”.

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